budget cost overruns in news

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Gov't IT spending to face scrutiny

News The string of failed government IT projects and cost overruns is estimated to have cost nearly £2bn since 2000, according to a recent survey. The spokesman said the review has not been triggered by the government's lamentable track record on... [01 Feb 2008]

MOT computerisation PFI project delayed again

News Cost overruns have also dogged development of the system and Vosa will now have to pay SBS £1.09 per test - up from £1.07 two years ago - at an additional cost of almost half a million pounds per year for the annual testing of the UK's 23.5... [22 Jun 2005]

Channel:
Law & Policy
Tags:
pfi, mot

IT bosses told 'show me the money' in 2005

News Butler Group claims senior management have become intolerant of frequent cost overruns and large investments that do not demonstrate tangible returns. Typically the average company is spending 80 to 90 per cent of their IT budget on keeping the... [19 Nov 2004]

Channel:
SME Director

Majority of outsourcing deals are late and over budget

News The findings show that 80 per cent of businesses have suffered time and cost overruns and non-adherence to specification, And while cost remains the primary driver for outsourcing application development for over half of the respondents, 28 per... [14 Jun 2004]

Channel:
Offshoring

FBI IT projects blasted by DoJ

News These contributed to delays and cost overruns in a critical project aimed at updating the agency's IT infrastructure, among other things. The project is months behind schedule and some $78m over budget to date, according to the DoJ report. [23 Dec 2002]